here now is jason brooks with kcbs and cbsmoneywatch.com. jason, we just saw all the indices looking down this morning. >> reporter: and this is not the news we wanted to see this morning. it's incredibly disappointing and really a surprise. we had gotten communications that the job market seemed to be picking up. private payroll processor adp is looking for a gain of 157,000 jobs in the private sector. but as it turns out, according to the labor department, only a gain of 57,000 privately labor jobs but then the public sector cut 39,000 jobs so you wind up with a net gain of only 18,000 jobs. that was less than in may which was only 25,000. very weak numbers. need to see at least 125,000 new jobs each month just to keep up with new people coming into the workforce. as a result of all of that the unemployment race rose from 9.1 to 9.2% and the underemployment rate including those who are working part time and would rather work full time that rose from 15.8 to 16.2%. now, other things like average weekly earnings and they were flat for last m